Summary: H.R.2229 — 114th Congress (2015-2016)All Information (Except Text)

There is one summary for H.R.2229. Bill summaries are authored by CRS.

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Introduced in House (05/01/2015)

Municipal Bond Market Support Act of 2015

Amends Internal Revenue Code provisions relating to the small issuer exemption from interest expense allocation rules for financial institutions to: (1) permanently increase from $10 million to $30 million the annual limit on the amount of tax-exempt obligations that a small issuer may issue, and (2) allow an inflation adjustment to such increased limit amount after 2015.